13-February-2026
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Exclusive-Seeking Mexico Foothold, China's BYD and Geely Bid to Buy Car Plant
13-Feb-2026

Two of China's leading automakers, BYD and Geely, are among the finalists vying to purchase a Nissan–Mercedes-Benz plant in Mexico, according to a person familiar with the matter, as China seeks a manufacturing foothold in a country where U.S. tariffs are fueling factory closures and layoffs. The finalists emerged from nine companies expressing interest in acquiring the factory, including at least two other major Chinese manufacturers: Chery and Great Wall Motor, according to two sources familiar with the matter. Vietnamese electric-vehicle maker VinFast is the third finalist, one of the people said.

News Source:- https://money.usnews.com/investing/news/articles/2026-02-12/exclusive-seeking-mexico-foothold-chinas-byd-and-geely-bid-to-buy-car-plant